Krugerrand 1 Oz Gold Coin

1983 south african 1oz fine gold krugerrand bullion coin.

Krugerrand 1 oz gold coin. Each krugerrand coin has a diameter of 32 77mm a thickness of 2 84mm and comprising 1 troy ounce of 22 karat gold. The coin was created as a means for the private ownership of south african gold bullion coins by the general public and was first minted at the south african mint on july 3 1967. However it also includes 0 09 troy ounces of copper making it more resistant to denting and scratching than alternative gold bullion coins. 5 0 out of 5 stars.

The world s first gold bullion coin the first gold bullion coin in the world and a persistent favorite outside of the united states the krugerrand is generally one of the more affordable gold coins on the market and is recognizable for its unique hue and depiction of a springbok antelope. The new krugerrand gold coin contains 1 oz of pure 916 7 1000 22 carat gold. In 1980 the fractional krugerrand s 1 2 ounce 1 4 ounce and 1 10 ounce were added to the 1 ounce krugerrand in order to assist the. Available in brilliant uncirculated condition.

1 2 oz 2000 south african krugerrand. Gold south african krugerrand price charts. The krugerrand price being a bullion coin is linked to the daily gold price and therefore constantly fluctuates. 2000 wtc 911 ground zero krugerrand 1 2 oz gold coin ms 66 pcgs certified.

The popular coin can also be used as legal tender. The name is a compound of paul kruger the former president of the south african republic depicted on the obverse and rand the south african unit of currency. The krugerrand ˈ k r uː ɡ ə r æ n d. The alloy of the krugerrand was selected at 22 carat or 916 7 gold with the balance being copper the old traditional alloy of gold coins.

Get all information on the price of krugerrand 1 oz including news charts and realtime quotes. 1 troy oz gold south african krugerrand coins was first conceptualized in 1964 as a legal tender bullion coin marked only with its weight in gold. ˈkrœjərˌrant is a south african coin first minted on 3 july 1967 to help market south african gold and produced by rand refinery and the south african mint. One of the most popular bullion coins in history.

Originally minted in 1967 this beautiful gold south african krugerrands coin comes from the south african mint. 1 oz 1983 south african krugerrand. This 22 karat coin consists of one troy ounce of pure gold and carries with it the liquidity portability and allure a gold coin can offer. 1 troy oz pure 916 7 1000 22 carat gold.

Krugerrand 1 oz price. Due to the economic stability of gold this coin is an excellent investment diversification tool. It carries a hint of red tint due to its 8 33 bronze components.